Kendrapara MP seeks early commencement of PCPIR region

Senior BJD leader and Kendrapara Lok Sabha member Baijayant Panda on Monday met
Union Minister for Petroleum and Natural Gas, M Veerappa Moily on Petroleum,
Chemicals and Petrochemical Investment Region (PCPIR) region at Paradeep and
urged him to fast-track the developments of the PCPIR which is likely to
attract an investment of over 2 lakh crore and generate employment (direct and
indirect) locally for more than 50,000 people.

Oil Corporation Limited (IOCL) is the anchor tenant for the Paradeep PCPIR. As
the anchor tenant, IOCL had agreed to develop a poly-propylene unit, an
ethylene derivative plant as well as a mixed feed cracker unit at Paradeep. The
development of the PCPIR is dependent on these plants since the output from
these plants will directly serve as feedback to its downstream units.
urged the Minister to expedite the development of these plants. He also raised
the issue of the slow-down in the implementation of the IOCL refinery due to
the shortage of workers after cyclone Phailin.
Minister assured to take necessary steps to expedite the
implementation/completion of the said project and said that the refinery will
be commissioned by February/March 2014.

Leave a Reply

Your email address will not be published. Required fields are marked *